USAMIDetroitPaterson Bros & Co Outer Drive-Van Dyke4470 E Outer Dr
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 1
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 2
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 3
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 4
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 5
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 6
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 7
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 8
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 9
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 10
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 11
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 12
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 13
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 14
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 15
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 16
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 17
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 18
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 19
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 20
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 21
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 22
4470 E Outer Dr, Home with 0 bedrooms, 18 bathrooms and null parking in Detroit MI | Image 23
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Added 2 months ago

$1,025,000

4470 E Outer Dr, Detroit, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,025,000

Added 2 months ago

01811439 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11439 sqft
Garage No
Taxes $28,646
Days Active 48
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $89
MLS® Number 20250023974

Property Address: 4470 E Outer Dr, Detroit, Michigan

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 4470 E Outer Dr, a renovated 2-story, 2-building garden style 18-unit brick apartment building. All units are 1-bed, 1-bath situated on a 13, 068 sq ft site with great curb appeal. With 8 agency tenants and 10 cash tenants, this building comes fully occupied and stabilized with room yet to increase rents significantly without large capital expenditures. Two newer boilers have been installed, the roof is newer, and the windows are newer and vinyl as well. There is also a parking lot with plenty of parking for tenants. Overall, an ideal opportunity to both cash flow now and value add through a simpler business plan of raising rents in already quality units. Offering memorandum, rent roll and P&L are available upon request.
MLS® Number20250023974
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageNo
Approx. Age1956
BasementCommon, Unfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas, Separate Meters
A/C
Heating Fuel

Extras

4470 E Outer Dr, Detroit, MI

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